Mixed Shareholders’ Meeting held on May 15, 2014

Paris, May 15, 2014 – Nexans Mixed Shareholders’, held on May 15, 2014, approved all resolutions proposed to the shareholders by the Board of Directors. The detailed results of the vote will be available in the following days online on www.nexans.com/ag2014.


The shareholders approved resolutions related to the following subjects:

  • The renewal of the term in office as member of the Board of Directors of Mrs. Veronique Guillot-Pelpel (independent Director) for a term of four years.
  • Appointment of Mrs. Fanny Letier as member of the Board of Directors for a term of four years (candidate proposed by Bpifrance) and Mr. Philippe Joubert (independent Director).
  • The renewal for eighteen months of the delegation granted to the Board of Director to implement the international employee saving policy as well as the long term incentive policy for the main executives of the Group, in accordance with the terms and limitations consistent with past practices.
  • Amendment of article 21 of the articles of association excluding the double voting rights by way of derogation to article L. 225-123 of the Commercial Code adopted on March 29, 2014.

In addition, the shareholders approved the principle to launch in 2014 an employee-shareholder operation involving a capital increase reserved for Group employees, through the emission of a maximum of 400,000 new shares, which may be completed early 2015. This would be the sixth employee shareholder operation carried out by the Group at the international level. Employees may be given the opportunity to subscribe to a structured “leverage effect” formula, the same as the one proposed in 2010 and 2012, guaranteeing the amount invested by the employees. Subject to approval from the AMF (French market authority), the shares would be subscribed through a Corporate Trust Fund at a unit price including a 20% discount to the reference share price (unless local regulations require otherwise).

 

Financial calendar

  • July 25, 2014 : First half-year result 2014
     

Din kontakt

Angéline Afanoukoe Press relations
Telefon +33 1 78 15 04 67
Angeline.afanoukoe@nexans.com
Michel Gédéon Investor Relations
Telefon +33 1 78 15 05 41
Michel.Gedeon@nexans.com

Om Nexans

Nexans sikrer tilgangen til energi gennem sit store og varierede udbud af kabler og kabelløsninger, som forbedrer vores kunders aktiviteter og resultater verden over. Nexans’ ambition er at være en samarbejdspartner, og en støtte for kunderne inden for fire hovedforretningsområder: elektrisk transmission og distribution (til havs og på land), energiressourcer (olie og gas, minedrift og vedvarende energikilder), transporter (veje, jernbaner, fly og skibe) samt installation (kommercielle bygninger, boliger og datacentraler). Nexans’ strategi bygger på en løbende innovation af produkter, løsninger og tjenester, kompetenceudvikling for medarbejdere, uddannelse af kunder og introduktion af sikre industriprocesser med mindst mulige miljøpåvirkning. I 2013 blev Nexans den første virksomhed i kabelindustrien, der oprettede en fond til fremme af langsigtede projekter, som giver udsatte samfund rundt om i verden tilgang til energi. Med en industriel tilstedeværelse i over 40 lande og salgskontorer over hele verden havde Nexans 26.000 medarbejdere og en omsætning på cirka 6,7 milliarder euro i 2013. Nexans er børsnoteret på NYSE Euronext Paris, afdeling A. For mere information besøg www.nexans.com

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